SUNNYVALE, Calif. and Hsinchu City, Taiwan — July 14, 2009 —MIPS Technologies, Inc. (NasdaqGS: MIPS), a leading provider of industry-standard processor architectures and cores for home entertainment, communications, networking and portable multimedia markets, and EE Solutions, a leading provider of ASIC and SoC design solutions, announced they are teaming to provide semiconductor companies in China and Taiwan with easy access to MIPS' industry-standard technology. EE Solutions licensed the synthesizable MIPS32® 24KEcTM core as part of its digital IP portfolio and will work with MIPS to provide value-added solutions to joint customers.

EE Solutions has developed a hardened 24KEc core in TSMC 65nm process technology, resulting in proven expertise that it can leverage in engagements with customers. With MIPS' high-performance, low-power 24KEc core and design and turnkey services from EE Solutions, customers designing SoCs for multimedia devices such as set-top boxes, DTVs, and digital still cameras can get to market quickly at the lowest possible cost.

"We are pleased to work with MIPS Technologies, the leader in processor IP for many multimedia markets, to provide value to our joint customers across China and Taiwan. Together we can offer solutions that result in high-performance products with smaller die size-leading to reduced development costs. Customers can benefit from MIPS Technologies' industry leading technology and EE Solutions' proven record of providing customers with the ideal solutions to achieve their business objectives," said Jim Su, president, EE Solutions.

"Through this agreement with EE Solutions, a well-respected design services firm for the Greater China market, we are enabling companies across the region to get their differentiated products to market quickly," said Art Swift, vice president of marketing for MIPS Technologies. "EE Solutions' deep experience, engineering excellence and proven track record make them a trusted and important partner for MIPS. This agreement is yet another step in broadening access to the MIPS architecture in Greater China."

About the MIPS32® 24KETM Family

The MIPS32 24KETM core family leverages the high performance 24KTM microarchitecture while incorporating the MIPS DSP Application Specific Extension (ASE). These instructions provide signal processing performance of up to 3x over a range of embedded applications compared to RISC implementations without the DSP ASE. The 24KE family provides very efficient DSP capability while significantly reducing overall SoC die area, cost and power consumption. The 24KEc core is a high-performance, low-power, core designed for custom system-on-silicon applications. The core is designed for semiconductor manufacturing companies, ASIC developers, and system OEMs who want to rapidly integrate their own custom logic and peripherals with a high-performance RISC processor.

About EE Solutions

Founded in 1999, EE Solutions (EES) is a leading provider of ASIC and System-on-Chip (SoC) design solutions. EES delivers both design and turnkey services to IC design houses and systems companies worldwide. The company has been recognized for its engineering background, experience in overseas delivery, and its precision in meeting the design requirements. Using its advanced design techniques, EES has a proven record of providing customers with the most optimal solutions to achieve their business objectives. EES also offers effective design methodologies and a wide range of advanced intellectual property (IP) and professional personnel to help customers step into the nano-meter design field. EE Solutions is headquartered in Hsinchu City, Taiwan. It also has representatives in Korea and Japan. EES China Corp. is established with headquarters in Shanghai, and a branch office in Shenzhen and Beijing. For more information, please visit
www.e2-solutions.com.

About MIPS Technologies, Inc.

MIPS Technologies, Inc. (NasdaqGS: MIPS) is a leading provider of industry-standard processor architectures and cores that power some of the world's most popular products for the home entertainment, communications, networking and portable multimedia markets. These include broadband devices from Linksys, DTVs and digital consumer devices from Sony, DVD recordable devices from Pioneer, digital set-top boxes from Motorola, network routers from Cisco, 32-bit microcontrollers from Microchip Technology and laser printers from Hewlett-Packard. Founded in 1998, MIPS Technologies is headquartered in Sunnyvale, California, with offices worldwide. For more information, contact (408) 530-5000 or visit
www.mips.com.